FW Desk News
FreightWatch.News
Tuesday, November 3, 2026
Sweden's Riksbank is expected to raise interest rates this week, marking its first increase since 2023. Central banks worldwide are moving to combat persistent inflation. South Korea's central bank has strengthened its case for additional rate increases, citing elevated October inflation readings. In the United States, the Federal Reserve maintained its current stance despite inflation worries. Two of 12 Federal Open Market Committee voters dissented, advocating for a quarter-point increase. Separately, freight markets showed movement last week. Reefer spot linehaul rates averaged $2.71 per mile, up 1.2%, while flatbed rates averaged $2.61 per mile, up 0.5%.
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